NEW YORK (AP) — Wall Street is holding near its record heights on Monday, ahead of a week likely to be dominated by updates from the head of the Federal Reserve and from some of the biggest U.S. retailers.
The S&P 500 slipped 0.1%, coming off its first loss after setting an all-time high in three consecutive days. The Dow Jones Industrial Average was up 27 points, or 0.1%, as of 10:45 a.m. Eastern time, and the Nasdaq composite dipped 0.2%.
Novo Nordisk’s stock that trades in the United States rose 4.8% after the Danish company said U.S. regulators approved its Wegovy drug as part of a treatment for a liver disease found in many overweight and obese people.
Soho House, a membership club with locations around the world, jumped 15.5% after announcing a deal where an investor g